Special Relief Facility

This link brings you to a 3rd Party Website, over which Standard Chartered Bank Malaysia Berhad has no control ("3rd Party Website"). Use of the 3rd Party Website will be entirely at your own risk, and subject to the terms of the 3rd Party Website, including those relating to confidentiality, data privacy and security.

Standard Chartered Bank Malaysia Berhad makes no warranties, representations or undertakings about and does not endorse, recommend or approve the contents of the 3rd Party Website.

In addition to the terms stated in Standard Chartered Bank Malaysia Berhad's Important Legal Notices, Standard Chartered Bank Malaysia Berhad shall have no responsibility or liability in connection with the content of or the consequences of accessing the 3rd Party Website, including any virus arising from or system failure associated with the 3rd Party Website.

Proceed

Special Relief Facility for SMEs

Special Relief Facility for SMEs effective 6 March to 31 December 2020.

Bank Negara Malaysia has announced the allocation of a RM5 billion Special Relief Facility (SRF) to help alleviate the financial burdens of our SME customers adversely affected by the COVID-19 outbreak.

More Information


Validity Period	From 6 March 2020 to 31 December 2020 or exhaustion of the RM5 billion fund whichever is earlier
Types of Loan/ Financing	Working Capital
Financing Rate	3.5% p.a.
Guarantee Fee	The guarantee fee will be borne by Standard Chartered Bank
Financing Tenure	Up to 5.5 years, including a moratorium period of 6 months on both principal and interest payments
Financing amount	Up to RM1.0 million per SME
Terms	· Available under Term Loan only;
	· Guarantee coverage of 80% of the financing amount by Credit Guarantee Corporation Malaysia Berhad (CGC) or Syarikat Jaminan Pembiayaan Perniagaan (SJPP)
	· No collateral required
Eligibility	Malaysian SMEs adversely affected by COVID-19 with at least 51% shares held under Malaysians

Please click here for Special Relief Facility (SRF) 2020 FAQ

An initiative by:

Bank Negara Malaysia

Disclaimer

Special Relief Facility for SMEs

Special Relief Facility for SMEs effective 6 March to 31 December 2020.

Your business is important to us and we are committed to assisting and supporting affected SMEs.

Further Information